Rod Coleman
What is the Most Efficient Way to Locate Vacant Home Owners
Hello everyone I did a search today on BP about Locating Vacant home Owners, I found some Good but limited info On the subject, If anyone has an Idea of what is the most efficient way to find Vacant home owners. Pleas...
Jeff Johns
How long does it take for a portfolio lender to approve a loan?
I am working with an FHA buyer and we are less than 1 week away from closing. Loan commitment has been delivered but underwriter has since quit and new underwriter is denying the loan. Sellers won't extend the closing...
John Gillespie
High Balance Conforming Mortgage Seasoning
High Balance Conforming Mortgage Seasoning?
For high balance conforming mortgages (rate/term) are there any seasoning requirements?
There is a lender that is telling me that there is a 6 month limit from the close...
Ryan Keenan
Refinancing 85-90 LTV
Is it possible to refinance a rental property from va to conventional with 85 to 90 percent LTV... Is was denied from one bank.ThanksRyan
Ryan Blake
Business Formation for Flipping
What formation strategies do y'all suggest? I am in a state that does recognize series LLCs but I am not sure if that is necessary for flipping properties. There will be two members (possibly more) that will have inte...
N/A N/A
Getting around the AGI limit for passive-loss deductions
My wife and I are looking into shopping for a rental property. However, our AGI is above $150,000 a year, and neither one of us is a real estate professional.
Because of that, it looks like I would not be able to ded...
Dawn Oree
Insurance - Any Suggestions On A Good Company?
Hello Everyone!I'm about a 13 days from closing on the 7 unit in San Diego and I'm starting to look for an insurance company for the building. I wanted to know if any of you have suggestions on what to look for and t...
Mark W.
Tenant started a daycare business
It's come to my attention that one of my tenants has started a daycare business. I've looked into this and found out she became certified by the state earlier this year. So she's "legit"...however, my concern is lia...
Corry Taie
Wachovia Acceptance Letter... Any Ideas???
Ok.. So I get an acceptance letter from Wachovia on Friday on a property that I'm shorting. In this acceptance letter it says...
*Wachovias acceptance of short sale proceeds is contingent upon there being no other pen...
Arsalan Augend
Acquisition time for RE Professional Status
I know acquisition time or commute time do not count for 500 hours material participation in rental properties but couldn’t find any regulation saying they don’t count for that 750 hours total RE involvement. if that...